Reverion raised 8.5 million euro invest
26.04.2023
We are very happy to welcome a new game-changer in our portfolio: Reverion, the climate tech start-up for renewable energies, raised EUR 8.5 million! UVC Partners, Green Generation Fund, Extantia Capital, Doral Energy-Tech Ventures, and biomethane trader Landwärme GmbH participated in the round.
The investors' fresh capital will be used to expand the production of 100 kW and 500 kW biogas power plants. Why will Reverion change the energy industry with its technology?
⚡ Existing biogas operators can increase their revenue by up to 400 percent using the same amount of biomass
⚡ Reverion’s modular power plants can double the efficiency of electricity generation from 40 to 80 percent compared to conventional technology of biogas suppliers
⚡ Since the small power plants can also run "backward" (reversible), a renewable natural gas substitute or green hydrogen can be produced and stored from a temporary surplus in the wind and solar power to make renewable energy supply more stable
⚡ Reverion’s modern power plants can be operated CO2-negatively when biogas is used
Johannes von Borries, Managing Director at UVC Partners: "We looked at various start-ups in this area. The founding team of Reverion convinced us because they have developed an outstanding technology over the last years and successfully tested it in a pilot plant. With our large network together with UnternehmerTUM, we can bring partners, suppliers, and expertise to the table to further scale the technology."
A cordially welcome to Reverion and the whole team! Great to have you on board!
? Read more in our press release: https://lnkd.in/eXpwSR3g
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